Gold Gains On Short Covering, Bargain Hunting
(Kitco News) – Gold prices are moderately higher in midday U.S. trading Thursday.
Read moreGold Will Struggle To Break $1,300; Weak Inflation Overrules Lower Bond Yields – BNP Paribas
(Kitco News) – One international bank expects gold prices could remain below $1,300 an ounce in the near term as the precious metal has been unable to catch a bid even as recession fears surge through financial markets, holding bond yields near their l…
Read moreGold Moves To Daily Highs On Short Covering, Bargain Hunting
(Kitco News) – Gold prices have moved above unchanged on the day and are posting slight gains in late-morning action Thursday.
Read moreStandard Chartered: Gold Holds Up Despite Dollar Strength, To Average $1,285 In 2Q
(Kitco News) – Gold prices have held up well despite U.S. dollar strength and are likely to remain range-bound in the coming weeks, averaging $1,285 an ounce in the second quarter, said Standard Chartered Thursday.
Read more1.5% Drop In U.S. Pending Home Sales Has Little Impact On Gold
(Kitco News) – Gold prices remain under pressure even as the U.S. housing market continues to be a drag on economic growth as fewer consumers committed to buying a home in April, according to the latest data from the National Association of Realtors (N…
Read moreLaSalle’s Nedoss: Gold Holds 200-Day Avg., May Test 20-Day
(Kitco News) – Gold remains range-bound, unable to advance despite various geopolitical tensions, held down by a strong U.S. dollar, says Afshin Nabavi, head of trading with MKS.
Read moreGold Prices Slightly Weaker As Global Stocks Bounce
(Kitco News) – Gold prices are modestly down in early-morning U.S. trading Thursday. There is a bit of risk appetite back in the world marketplace today, as global equity markets have seen mild recoveries from selling pressure seen earlier this week.
Read moreU.S. Weekly Jobless Claims Rise To 215K
(Kitco News) – Initial weekly U.S. jobless claims rose by 3,000 to a seasonally adjusted 215,000 in the week to Saturday, the Labor Department reported Thursday.
Read moreGold Prices Unchanged Following 3.1% Growth In Q1 GDP
(Kitco News) – The gold market continues to struggle to find momentum, finding little safe-haven interest even as the U.S. economy grew in line with expectations.
Read moreEndeavour Silver: Changes To Mean Improved Results In 3Q, 4Q
(Kitco News) – Changes in Endeavour Silver Corp.’s (NYSE: EXK; TSX: EDR) silver-gold mining operations in Mexico, aimed at improving operating and financial performance, are starting to have an impact although the outcome may not show up until third-quarter earnings, the company said.
